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Article: Aboitiz Power logs P2.2-B net income in 3rd quarter.(Main Business)
- Article from:
- Manila Bulletin
- Article date:
- November 4, 2009
CopyrightCOPYRIGHT 2009 Manila Bulletin Publishing Corp. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Publicly-listed Aboitiz Power Corporation logged remarkable 99-percent improvement on its net income during the third quarter to P2.2 billion from P1.1 billion in the same period last year.The company’s year-to-date bottomline was also on a better note, with 20-percent increase to P3.8 billion from the previous year’s P3.2 billion. This translated to P0.52 earnings per share.AP emphasized that the stronger peso enabled it post P97 million non-recurring gain due to the revaluation of its dollar-denominated loans and placements on a consolidated basis, reversing the P158 million non-recurring loss it booked last year.However, the company noted that it still ...
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Article: Aboitiz Power posts net income of over P1B in ...
Philippines News Agency;
April 29, 2008 ;
700+ words
...MANILA, April 28 (PNA) - Aboitiz Power Corporation (AP) on Monday reported ... year growth in power sales, from 36 GwH to 377 GwH. Likewise, higher electricity sales ... percent year-on-year, from 633 GwH to 744 GwH. Excluding the sales ...
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